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What are the credit qualifying requirements for a jumbo mortgage?

April 26, 2017credit Jumbo mortgage Qualifying requirements

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What are the credit qualifying requirements for a jumbo mortgage?

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Typically, a borrower applying for a jumbo or super jumbo mortgage needs to have excellent credit. The minimum credit score requirement can vary based upon market conditions; however, a credit score above 680 is ideal. In some cases, you may be able to qualify with a lower score with sufficient income, debt, and lower LTVs.